Active
180 N Smith Street
Palatine IL, 60067
$3,250,000
$74.61 per sqft
Active
1 Acre
Land
Courtesy of Compass
Welcome to downtown Palatine, across the street from the Palatine train station. Built in 2003, the 21,500 square feet building is comprised of a bar/restaurant with a full kitchen, a 7,000 square feet entertainment venue with a mezzanine leading to a rooftop deck, and an adjacent 2,500 square feet bank with one drive thru lane. Sitting on an acre of land, the site has been previously approved for redevelopment with a new 6 story mixed use building, complete with a rooftop amenity deck and 9,900 square feet of ground floor commercial space. The retail commercial space is divisible and includes approximately 1,250 square feet of covered patio area. The proposed development includes approximately 52 residential units located on floors 2-6, made up of 2 bedrooms/2 bath units and 2 bedrooms+den/2 bath units. The rooftop residential amenity deck includes an enclosed amenity area, terraces, and elevator access. The building is within the transit oriented development area parking requirements. With an existing 42 surface spaces. Palatine is a thriving commercial trade area - an ideal location for ambitious professionals and businesses alike. Contributing to an engaging and vibrant community atmosphere that's primed for continued growth and development.
12119741
MLSⓇ ID
July 24, 2024
Listed
November 22, 2024
Updated
Map
180 N Smith Street
Palatine IL, 60067
Exterior/Building Features
Lot Size
1 Acre
School Information
School District
15
High School
Wm Fremd High School
Other Property Details
Area Name
Palatine
Taxes
$114,475
Tax Frequency
Annually
Days on Market
112
Garage
No
Parking Total
0
View
No
County
Cook
Municipality
Palatine
Pool
No
Zoning
COMMR
Listing History
Date | Event | Price |
|---|---|---|
11/6/2024 | Price change | $3,250,000 -8% |
8/30/2024 | Price change | $3,500,000 -11% |
Courtesy of Compass, Sharon Dolezal,
Listing Contact: 847-361-0864
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than GetBurbed are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 11/22/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.
Data last updated 7:16 AM UTC, 11/22/2024
